DID KINAN NIMEH CAUSE YOU INVESTMENT LOSSES?
Kinan Nimeh Formerly With Garden State Securities, Inc. Has 5 Customer Complaints For Alleged Broker Misconduct
Who is Kinan Nimeh formerly with Garden State Securities, Inc.?
Kinan Nimeh (CRD #4438900) who was formerly registered with Garden State Securities, Inc. and located in Red Bank, New Jersey, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Garden State Securities, Inc., Kinan Nimeh was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Kinan Nimeh has had his share of regulatory problems. In 2017, Kinan Nimeh was suspended for 2 months and fined and ordered to pay restitution in a FINRA disciplinary proceeding. There are also two disciplinary proceedings initiated by the State of Massachusetts against Kinan Nimeh
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Kinan Nimeh Customer Complaints
Kinan Nimeh has been the subject of 5 customer complaints that we know about to recover investment losses. Four of the customer complaints were settled by Kinan Nimeh’s former employers in favor of the investors. There is currently one arbitration proceeding pending against one of his former employers for his alleged misconduct.
Allegations Against Kinan Nimeh
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Overconcentration in the security and unsuitable investment recommendations.
- Control person liability for another financial advisors violations of federal securities laws.
- Unauthorized trading.
- Reckless trading, excessive markups, fees and margin interest.
- Unsuitability, excessive trading, unauthorized trading, and excessive margin.
Kinan Nimeh Red Flags & Your Rights As An Investor
Of course, Kinan Nimeh did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Kinan Nimeh at Garden State Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Kinan Nimeh has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Garden State Securities, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Garden State Securities, Inc. Due To Kinan Nimeh
If you have questions about Garden State Securities, Inc. and/or Kinan Nimeh and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.